Baker Hughes Announces December 2010 Rig Counts

 

Houston, Texa s– January 10, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2010 was 1,118, down 12 from the 1,130 counted in November 2010, and up 94 from the 1,024 counted in December 2009. The international offshore rig count for December 2010 was 303, down 17 from the 320 counted in November 2010 and up 22 from the 281 counted in December 2009.

The US rig count for December 2010 was 1,711, up 28 from the 1,683 counted in November 2010 and up 539 from the 1,172 counted in December 2009. The Canadian rig count for December 2010 was 398, down 22 from the 420 counted in November 2010 and up 85 from the 313 counted in December 2009.

The worldwide rig count for December 2010 was 3,227, down 6 from the 3,233 counted in November 2010 and up 718 from the 2,509 counted in December 2009. December 2010 Rotary Rig Counts

 
 
December 2010
 
 
November 2010
December 2009
 
 
Land
OS
Total
 
Var.
 
Land
OS
Total
 
Land
OS
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Europe
56
49
105
 
    5
 
46
54
100
 
38
46
84
 
Middle East
236
31
267
 
  (7)
 
238
36
274
 
215
36
251
 
Africa
53
26
79
 
 (8)
 
58
29
87
 
59
11
70
 
Latin America
313
72
385
 
(8)
 
314
79
393
 
280
73
353
 
Asia Pacific
157
125
282
 
 6
 
154
122
276
 
151
115
266
International
815
303
1118
 
 (12)
 
810
320
1130
 
743
281
1024
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
1687
24
1711
 
28
 
1661
22
1683
 
1136
36
1172
 
Canada
396
2
398
 
 ( 22)
 
420
0
420
 
310
3
313
North America
2083
26
2109
 
 6
 
2081
22
2103
 
1446
39
1485
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Worldwide
2898
329
3227
 
 (6)
 
2891
342
3233
 
2189
320
2509


About the Baker Hughes Rig Counts The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity. Hughes initiated the monthly international rig count in 1975. North American rig count data is scheduled to be released at noon central time on the last working day of each week. The international rig count is scheduled to be released on the 5th working day of the month. Additional detailed information on the Baker Hughes rig counts is available from our website.

Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ****